1 Marine Parade MARINO
MARINO ROCKS CAFE RESTAURANT
****SOLD****
*PLEASE BE ADVISED - BUSINESS AS USUAL WITH CURRENT OWNERS*
OPTIONS TO PURCHASE:
OPTION 1 - LEASED INVESTMENT
- 5X5 year lease
- $75,000 PA rental income + GST + Outgoings
- Asking Price $1,550,000
OPTION 2 - PROPERTY & EQUIPMENT
- For Sale By Negotiation
An exciting opportunity to secure the iconic Marino Rock's Cafe Restaurant, renown for delicious seafood and fine dining experience with captivating sea & coastal views from the Marino Esplanade. Owned & operated by the same family of some 20 years, now seeking a lifestyle change. Huge potential for profitability with established clientele, perfect for an astute couple or business partnership. Further scope for owner/operator to transform second floor into residence and continue operating business on ground level (STCC).
Zoned Residential: Hill's policy area 11
- Elevated corner esplanade position of 622m2 (approx)
- Spectacular sea & coastal views
- Bars, dining & alfresco facilities
- 5 licensed areas across 2 levels
- Second floor hosts multiple functions all year round
- Extensive commercial kitchen with plant & equipment
- Ground floor 70 seating capacity
- Second floor 140 seating capacity
- Fully licensed take away trade with strong repeat clientele
- Onsite parking & public parking
Agent Details
Email Agent
Property information
- Property Type Retail
- Sold Price $1,440,000
- Floorplans Download